The state and the economy are slipping out of hand. I am in constant communication with the business community, with professors, economists, businessmen. Without exception they say the situation is alarming, VMRO-DPMNE President Hristijan Mickoski said at a press conference. According to Mickoski, due to party interests, the budget expenditures...
Beginning Thursday, micro-, small-, and medium-sized enterprises from the travel, freight shipping, and hospitality industry can apply for no-interest loans of EUR 3,000 to 30,000, according to the Government, which issued a call Wednesday. Interested parties, in line with official recommendations to protect people amid the coronavirus crisis, should submit...
Additional Deputy Finance Minister Gordana Dimitrieska-Kocoska said in Telma TV’s “Top Tema” that the government's response was too late. “However, we can’t turn back time and we must think ahead in order to avert a larger financial crisis,” she said. So far we have a set of measures that would...
Authorities should tell catering employees whether they will provide help for the catering business. If not, they should seek help through other measures in a timely manner so as not to be left without income, the Catering Association of Chambers of Commerce urges today. The Association warned that caterers alone...
All banks are expected to put their profits where they will most benefit the banking sector’s stability and security so it can face the likely negative consequences of the coronacrisis, according to a press release by the National Bank. The central bank doesn’t expect that the country’s banks would lower...
If necessary, the transport of people between cities and villages will be suspended, said  Minister of Transport and Communications Goran Sugareski at Monday’s press conference. - The government has adopted a measure to reduce by 50% the number of passengers in long distance transport and travel to be at least...
The corona virus has hit health, but it has hit the economy as well. The damage to the Macedonian companies is huge, said Orce Gjorgjievski of VMRO-DPMNE in his address. Those companies where we work, where you, our close relatives, neighbors, families, lose tens and hundreds of millions of euros...
As of today, 5,300 Draexlmaier employees will be on paid vacation for the next two weeks, German company management said. The exact start of production and operation depends on the state of the coronavirus, as well as developments in the automotive industry around the world, the company said "Due to...
It's not simple, shutting down, sending the staff home, we faced this after closing down the COVID-19 pandemic, say in a joint statement 17 Holdings with over 200 stores and about 1,700 employees. They demand an emergency meeting with the Ministry of Economy and the Ministry of Finance for future...
The Ministry of Finance will provide a € 400 million Eurobond loan with a maturity of 12 months, with the International Monetary Fund (IMF) withdrawing € 87m and the World Bank € 100m for development policies, Finance Minister Nina Angelovska said on Sunday. As the Minister of Finance Nina Angelovska...